Niall Ferguson

Milbank Family Senior Fellow

Niall Ferguson, MA, D.Phil., is the Milbank Family Senior Fellow at the Hoover Institution, Stanford University, and a senior fellow of the Center for European Studies, Harvard, where he served for twelve years as the Laurence A. Tisch Professor of History. He is also a visiting professor at Tsinghua University, Beijing, and the Diller-von Furstenberg Family Foundation Distinguished Scholar at the Nitze School of Advanced International Studies in Washington, DC. He is the author of fifteen books, most recently The Square and the Tower. His previous book, Kissinger, 1923-1968: The Idealist, won the Council on Foreign Relations Arthur Ross Prize. He is an award-making filmmaker, too, having won an international Emmy for his PBS series The Ascent of Money. His many other prizes include the Benjamin Franklin Prize for Public Service (2010), the Hayek Prize for Lifetime Achievement (2012) and the Ludwig Erhard Prize for Economic Journalism (2013). In addition to writing a weekly column for the Sunday Times (London) and the Boston Globe, he is the founder and managing director of Greenmantle LLC, an advisory firm. He also serves on the board of Affiliated Managers Group. His new book, The Square and the Tower, was published in the U.S. in January.

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Recent Commentary

Henry A. Kissinger is a distinguished visiting fellow at the Hoover Institution.
Analysis and Commentary

The Kissinger Diaries: What He Really Thought About Vietnam

by Niall Ferguson featuring Henry A. Kissingervia Politico
Saturday, October 10, 2015

It has long been assumed that Henry Kissinger “supported” the Vietnam War throughout the 1960s—and that this was one of the reasons Richard Nixon offered him the job of national security adviser. 


The Real Obama Doctrine

by Niall Fergusonvia The Wall Street Journal
Friday, October 9, 2015

Henry Kissinger long ago recognized the problem: a talented vote-getter, surrounded by lawyers, who is overly risk-averse.


The Lessons Of History In The Current European Migrant Crisis

by Niall Ferguson mentioning Henry A. Kissingervia Boston Globe
Wednesday, September 23, 2015

European leaders used to think that Greek debt was their biggest problem. Suddenly, alongside the wave of refugees pouring into the European Union by sea and by land, that seems trivial.


Kissinger The Freedom Fighter

by Niall Ferguson featuring Henry A. Kissingervia The Wall Street Journal
Friday, September 18, 2015

Henry Kissinger is often condemned as a heartless practitioner of realpolitik. But early in his career, he was strikingly idealistic.


‘Chimerica’ And The Rule Of Central Bankers

by Niall Fergusonvia The Wall Street Journal
Thursday, August 27, 2015

The past week has shown us that the world economy is dominated more than ever by the symbiotic relationship of China and America.


The Meaning Of Kissinger

by Niall Fergusonvia Foreign Affairs
Monday, August 17, 2015

There are reasons other than his longevity why so many world leaders—among them the Chinese President Xi Jinping—continue to seek the counsel of Henry Kissinger, who stepped down as U.S. secretary of state close to four decades ago. In this respect, Barack Obama is unusual. He is the first U.S. president since Dwight Eisenhower not to seek Kissinger’s advice.

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Analysis and Commentary

The Iran Deal And The ‘Problem Of Conjecture’

by Niall Fergusonvia The Wall Street Journal
Friday, July 24, 2015

Obama is hoping that the nuclear pact will lead to equilibrium in the Middle East. All the evidence points the other way.

Analysis and Commentary

The Nasty Greek Outcomes That Democracy Precludes

by Niall Fergusonvia Financial Times
Friday, July 3, 2015

Punches might be thrown. But there will not be a revolution, coup, or civil war.

Analysis and Commentary

More Keynesian Than Keynes

by Niall Fergusonvia Project Syndicate
Monday, June 1, 2015
Like most people who create an “ism,” John Maynard Keynes quickly found his followers running ahead of him. “You are more Keynesian than I am,” he once told a young American economist. Now it is the turn of his biographer, Robert Skidelsky, to become distinctly more Keynesian than Keynes.
Global Austerity
Analysis and Commentary

Deficits vs. Austerity: New Facts, Same Old Keynesianism

by Niall Fergusonvia The Globe and Mail
Saturday, May 23, 2015

“If the facts change,” John Maynard Keynes is supposed to have said, “I change my opinion. What do you do, sir?” It is a question his latter-day disciples should be asking themselves today. Long before this month’s general election, which the Conservatives won by a margin that stunned their critics, the facts about Britain’s economic performance had indeed changed. Yet there is still no sign of the Keynesians changing their opinions.